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Monday, 02 March 20
SHIPOWNERS AND OPERATORS COULD FACE DETENTION OF SHIPS FROM 1ST MARCH UNDER IMO RULE - ICS
 Port state control authorities will begin to enforce the IMO’s Sulphur 2020 from 1st March, making it an offense for ships to carry fuel that contains a sulphur content higher than 0.5 percent unless the ship has an Exhaust Gas Cleaning System.
The International Chamber of Shipping reminds shipowners and operators of the impending ban and reiterates the fact that any ships found to be non-compliant face the prospect of detention.
As of March 1st, enforcement agencies will no longer have to prove usage. Showing that vessels without Exhaust Gas Cleaning Systems have non complient fuel aboard will be enough to prove a violation. Major port state regimes including Paris MoU, Tokyo MoU and the United States Coast Guard (USCG), have made it plain that they will rigorously enforce the requirements.
Guy Platten, Secretary General ICS said:
“Since the introduction of IMO 2020 on 1st January, ships have been given a ‘grace period’ while the industry transitions to low-sulphur fuel. As of 1st March this will no longer be the case. Any ship found in non-compliance faces the prospect of serious fines and even detention.
“The International Chamber of Shipping has been made aware that major port State inspection regimes including the United States Coast Guard (USCG) and the Australian Maritime Safety Authority (AMSA) have made it clear, in no uncertain terms, that detention of ships found to be non-compliant is both possible and legally permissible.
“The information ICS has received is that shipowners are fully compliant and ready for the 1st March. We are simply reminding shipowners and operators that these new rules will come into force as of Sunday 1st March”
ICS is the principal international trade association for merchant shipowners and operators, representing all sectors and trades and over 80% of the world merchant fleet.
Source: ICS
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Wednesday, 04 March 20
MARKET INSIGHT - INTERMODAL
As it was expected, the whole world has been focusing on the spread of the Coronavirus, with the fast outbreak being primarily a massive humanitari ...
Wednesday, 04 March 20
CORONAVIRUS: A WILDCARD FOR BULKS DEMAND - WOOD MACKENZIE
The coronavirus is casting a shadow across commodity markets. It has undermined China’s economic sentiment, putting the country’s growt ...
Wednesday, 04 March 20
THERMAL COAL TO 'PHASE OUT', STRONG DEMAND FOR COKING COAL: PLATO - SYDNEY MORNING HERALD
Plato Investments managing director Don Hamson says Australian iron ore producers are set to benefit in the fallout from coronavirus as China will ...
Wednesday, 04 March 20
CHINA PROVINCE TO CLOSE 10 MLN TONNES OF COAL CAPACITY IN 2020 - XINHUA
Southwest China’s Guizhou Province plans to phase out 10 million tonnes of outdated coal production capacity by closing 80 coal mines in 2020 ...
Wednesday, 04 March 20
UKRAINE PRODUCED OVER 2.55 MLN TONNES OF COAL IN FEBRUARY - UKRINFORM
In February 2020, Ukraine produced over 2.55 million tonnes of coal, which is 0.2% less than planned.
The Coal Miners Union of Ukrai ...
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- Power Finance Corporation Ltd., India
- Electricity Generating Authority of Thailand
- Timah Investasi Mineral - Indoneisa
- Semirara Mining and Power Corporation, Philippines
- Kartika Selabumi Mining - Indonesia
- Coal and Oil Company - UAE
- Marubeni Corporation - India
- Truba Alam Manunggal Engineering.Tbk - Indonesia
- Bhatia International Limited - India
- Borneo Indobara - Indonesia
- Deloitte Consulting - India
- Economic Council, Georgia
- European Bulk Services B.V. - Netherlands
- Bank of Tokyo Mitsubishi UFJ Ltd
- Singapore Mercantile Exchange
- Parliament of New Zealand
- London Commodity Brokers - England
- Oldendorff Carriers - Singapore
- Chettinad Cement Corporation Ltd - India
- Indian Oil Corporation Limited
- Standard Chartered Bank - UAE
- Renaissance Capital - South Africa
- White Energy Company Limited
- India Bulls Power Limited - India
- Commonwealth Bank - Australia
- Manunggal Multi Energi - Indonesia
- VISA Power Limited - India
- Mintek Dendrill Indonesia
- Global Business Power Corporation, Philippines
- Pendopo Energi Batubara - Indonesia
- Rashtriya Ispat Nigam Limited - India
- Star Paper Mills Limited - India
- Leighton Contractors Pty Ltd - Australia
- Aboitiz Power Corporation - Philippines
- Goldman Sachs - Singapore
- Interocean Group of Companies - India
- Australian Coal Association
- Rio Tinto Coal - Australia
- Trasteel International SA, Italy
- Anglo American - United Kingdom
- Eastern Coal Council - USA
- Pipit Mutiara Jaya. PT, Indonesia
- Malabar Cements Ltd - India
- CIMB Investment Bank - Malaysia
- Chamber of Mines of South Africa
- Mercator Lines Limited - India
- Coalindo Energy - Indonesia
- PNOC Exploration Corporation - Philippines
- TNB Fuel Sdn Bhd - Malaysia
- Bayan Resources Tbk. - Indonesia
- Dr Ramakrishna Prasad Power Pvt Ltd - India
- LBH Netherlands Bv - Netherlands
- Antam Resourcindo - Indonesia
- Bhoruka Overseas - Indonesia
- Bulk Trading Sa - Switzerland
- Essar Steel Hazira Ltd - India
- Kalimantan Lumbung Energi - Indonesia
- GAC Shipping (India) Pvt Ltd
- Mjunction Services Limited - India
- Ministry of Mines - Canada
- New Zealand Coal & Carbon
- Madhucon Powers Ltd - India
- Bukit Makmur.PT - Indonesia
- Indo Tambangraya Megah - Indonesia
- Kumho Petrochemical, South Korea
- Coastal Gujarat Power Limited - India
- Bahari Cakrawala Sebuku - Indonesia
- Baramulti Group, Indonesia
- Eastern Energy - Thailand
- Vijayanagar Sugar Pvt Ltd - India
- Meralco Power Generation, Philippines
- The University of Queensland
- Cigading International Bulk Terminal - Indonesia
- Gujarat Electricity Regulatory Commission - India
- Asia Pacific Energy Resources Ventures Inc, Philippines
- Lanco Infratech Ltd - India
- Port Waratah Coal Services - Australia
- ICICI Bank Limited - India
- Uttam Galva Steels Limited - India
- Georgia Ports Authority, United States
- Kaltim Prima Coal - Indonesia
- Attock Cement Pakistan Limited
- Ambuja Cements Ltd - India
- Jaiprakash Power Ventures ltd
- Kohat Cement Company Ltd. - Pakistan
- McConnell Dowell - Australia
- Kideco Jaya Agung - Indonesia
- Petrochimia International Co. Ltd.- Taiwan
- Thai Mozambique Logistica
- Savvy Resources Ltd - HongKong
- Toyota Tsusho Corporation, Japan
- The State Trading Corporation of India Ltd
- Wood Mackenzie - Singapore
- Indian Energy Exchange, India
- Central Java Power - Indonesia
- Ministry of Finance - Indonesia
- Samtan Co., Ltd - South Korea
- MS Steel International - UAE
- TeaM Sual Corporation - Philippines
- Siam City Cement PLC, Thailand
- Planning Commission, India
- Carbofer General Trading SA - India
- Straits Asia Resources Limited - Singapore
- ASAPP Information Group - India
- Kepco SPC Power Corporation, Philippines
- GN Power Mariveles Coal Plant, Philippines
- Cement Manufacturers Association - India
- Sakthi Sugars Limited - India
- Dong Bac Coal Mineral Investment Coporation - Vietnam
- Maheswari Brothers Coal Limited - India
- Indonesian Coal Mining Association
- GVK Power & Infra Limited - India
- Kobexindo Tractors - Indoneisa
- Riau Bara Harum - Indonesia
- Binh Thuan Hamico - Vietnam
- Vedanta Resources Plc - India
- Bukit Asam (Persero) Tbk - Indonesia
- Iligan Light & Power Inc, Philippines
- Makarim & Taira - Indonesia
- Videocon Industries ltd - India
- Billiton Holdings Pty Ltd - Australia
- Dalmia Cement Bharat India
- Petron Corporation, Philippines
- Orica Australia Pty. Ltd.
- Karbindo Abesyapradhi - Indoneisa
- Bukit Baiduri Energy - Indonesia
- AsiaOL BioFuels Corp., Philippines
- GMR Energy Limited - India
- Sical Logistics Limited - India
- Jorong Barutama Greston.PT - Indonesia
- Heidelberg Cement - Germany
- San Jose City I Power Corp, Philippines
- SN Aboitiz Power Inc, Philippines
- Ind-Barath Power Infra Limited - India
- Intertek Mineral Services - Indonesia
- Jindal Steel & Power Ltd - India
- Directorate General of MIneral and Coal - Indonesia
- Agrawal Coal Company - India
- Offshore Bulk Terminal Pte Ltd, Singapore
- Sinarmas Energy and Mining - Indonesia
- Krishnapatnam Port Company Ltd. - India
- Sarangani Energy Corporation, Philippines
- Larsen & Toubro Limited - India
- Filglen & Citicon Mining (HK) Ltd - Hong Kong
- Thiess Contractors Indonesia
- South Luzon Thermal Energy Corporation
- Siam City Cement - Thailand
- CNBM International Corporation - China
- Bangladesh Power Developement Board
- PowerSource Philippines DevCo
- IEA Clean Coal Centre - UK
- Wilmar Investment Holdings
- Gujarat Mineral Development Corp Ltd - India
- Central Electricity Authority - India
- Directorate Of Revenue Intelligence - India
- Ministry of Transport, Egypt
- Energy Link Ltd, New Zealand
- Mercuria Energy - Indonesia
- Ceylon Electricity Board - Sri Lanka
- Energy Development Corp, Philippines
- Metalloyd Limited - United Kingdom
- Banpu Public Company Limited - Thailand
- Medco Energi Mining Internasional
- Orica Mining Services - Indonesia
- Altura Mining Limited, Indonesia
- OPG Power Generation Pvt Ltd - India
- Sojitz Corporation - Japan
- Miang Besar Coal Terminal - Indonesia
- Global Green Power PLC Corporation, Philippines
- Latin American Coal - Colombia
- Maharashtra Electricity Regulatory Commission - India
- International Coal Ventures Pvt Ltd - India
- Holcim Trading Pte Ltd - Singapore
- Indogreen Group - Indonesia
- Grasim Industreis Ltd - India
- Minerals Council of Australia
- Edison Trading Spa - Italy
- PTC India Limited - India
- Gujarat Sidhee Cement - India
- SMC Global Power, Philippines
- The Treasury - Australian Government
- Alfred C Toepfer International GmbH - Germany
- Australian Commodity Traders Exchange
- Electricity Authority, New Zealand
- Semirara Mining Corp, Philippines
- Barasentosa Lestari - Indonesia
- Romanian Commodities Exchange
- Parry Sugars Refinery, India
- Africa Commodities Group - South Africa
- Independent Power Producers Association of India
- Salva Resources Pvt Ltd - India
- Karaikal Port Pvt Ltd - India
- SMG Consultants - Indonesia
- Posco Energy - South Korea
- Sree Jayajothi Cements Limited - India
- Neyveli Lignite Corporation Ltd, - India
- Simpson Spence & Young - Indonesia
- Bhushan Steel Limited - India
- Sindya Power Generating Company Private Ltd
- PetroVietnam Power Coal Import and Supply Company
- Globalindo Alam Lestari - Indonesia
- Asmin Koalindo Tuhup - Indonesia
- Indika Energy - Indonesia
- Formosa Plastics Group - Taiwan
- Tata Chemicals Ltd - India
- Aditya Birla Group - India
- IHS Mccloskey Coal Group - USA
- Price Waterhouse Coopers - Russia
- Meenaskhi Energy Private Limited - India
- Xindia Steels Limited - India
- Global Coal Blending Company Limited - Australia
- Vizag Seaport Private Limited - India
- Therma Luzon, Inc, Philippines
- Merrill Lynch Commodities Europe
- Kapuas Tunggal Persada - Indonesia
- Tamil Nadu electricity Board
- Bharathi Cement Corporation - India
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